Heraldsun : THE dollar fell after the central bank said in the minutes of its July board meeting that it's in no rush to raise interest rates.
The Reserve Bank of Australia's (RBA) board says it will wait for more economic data before any rate move.
It says coal exports are taking much longer to recover than expected, employment growth is easing and Europe's sovereign debt crisis looks more significant, and wants to see Australia's inflation data, due on July 27.
The board left rates on hold at 4.75 per cent at the meeting, held on July 5.